Roger Federer beat James Blake 6-0, 6-3, 6-4 claiming his third Masters Cup in Sunday's championship match.
Top-ranked Federer rounded off another dominating season with 12 titles from the 17 tournaments he contested and US $8.34 million (Euro 6.5 million) in prize money for 2006.
He earned US $1.52 million (Euro 1.19 million) for his unbeaten run at the season-ending championship in Shanghai.
Blake beat No 2 Rafael Nadal and No 3 Nikolay Davydenko in the round-robin phase and ousted defending champion David Nalbandian in the semifinals, but was no match for Federer.
The 26-year-old American was the last to qualify for the elite eight-man draw but will finish the year at a career-high No 4.
It took Blake 34 minutes to get on the scoreboard, finally holding serve in the second game of the second set - even then he had to save two break points.
Getting behind the underdog in a lopsided match, the crowd cheered raucously for Blake's points, even those off Federer's errors.
Federer was broken for the only time when serving for the match at 5-2 in the third.
He served out at love the next time, setting up triple match point with a trademark backhand down the line and clinching it with a powerful serve that Blake could not return.
It was Federer's 29th consecutive win, improving him to 92-5 for the year.
Earlier, Jonas Bjorkman and Max Mirnyi combined for their first Masters Cup doubles title, extending a drought for Mark Knowles and Daniel Nestor at the season-ending tournament.
Second-ranked Bjorkman and Mirnyi broke third-ranked Knowles and Nestor twice in the first set and once in the second for a 6-2, 6-4 victory.
It was a second title for Bjorkman, who won the then season-ending ATP Tour World Doubles Championship with Jan Apell at Jakarta in 1994. Knowles and Nestor were back in the final for the first time in eight years.